The cost approach determines value by adding the value of the land to the cost of a new equivalent building, then subtracting out any depreciation.
In this episode we will walk through how appraisers calculate cost new, depreciation, and also how land value is determined.
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Are you ready to take the first step on your new path to success and freedom? Through financial freedom, you too can achieve the extraordinary goals that you’ve set yourself up for.
Mark "MJ" Jackson
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